First we voluntarily slash rents or the sale price of our homes and a lot of other things by 90%.
Then American workers can afford to slash their salaries by 90%.
Then we can compete.
Simple.
Bullshit. All of it.
American businesses would be competitive with our current standard of living (and I argue...would actually improve immensely) if we:
Slash government taxes on corporations. Abolish Unions. Abolish %80 of environmental regulations. Abolish %80 of personal income taxes delegated to entitlements. Abolish %80 of government regulations and intrusiveness on healthcare. Slash taxes on pension funds. Slash %99.9 of the BS that produces frivolous lawsuits.
There, I feel better.
And you done good. Keep it up.